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Seven Bank (FRA:0S7) E10 : €0.14 (As of Dec. 2023)


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What is Seven Bank E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Seven Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was €0.022. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €0.14 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seven Bank's average E10 Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Seven Bank was 3.60% per year. The lowest was 0.60% per year. And the median was 2.90% per year.

As of today (2024-06-09), Seven Bank's current stock price is €1.51. Seven Bank's E10 for the quarter that ended in Dec. 2023 was €0.14. Seven Bank's Shiller PE Ratio of today is 10.79.

During the past 13 years, the highest Shiller PE Ratio of Seven Bank was 21.94. The lowest was 11.61. And the median was 13.94.


Seven Bank E10 Historical Data

The historical data trend for Seven Bank's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Seven Bank E10 Chart

Seven Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.14 0.14 0.13 -

Seven Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.12 0.14 0.14 -

Competitive Comparison of Seven Bank's E10

For the Banks - Regional subindustry, Seven Bank's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Seven Bank's Shiller PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Seven Bank's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Seven Bank's Shiller PE Ratio falls into.



Seven Bank E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Seven Bank's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.022/106.8000*106.8000
=0.022

Current CPI (Dec. 2023) = 106.8000.

Seven Bank Quarterly Data

per share eps CPI Adj_EPS
201403 0.022 95.700 0.025
201406 0.037 98.000 0.040
201409 0.038 98.500 0.041
201412 0.036 97.900 0.039
201503 0.028 97.900 0.031
201506 0.038 98.400 0.041
201509 0.040 98.500 0.043
201512 0.041 98.100 0.045
201603 0.036 97.900 0.039
201606 0.045 98.100 0.049
201609 0.048 98.000 0.052
201612 0.046 98.400 0.050
201703 0.038 98.100 0.041
201706 0.045 98.500 0.049
201709 0.043 98.800 0.046
201712 0.044 99.400 0.047
201803 0.030 99.200 0.032
201806 0.043 99.200 0.046
201809 -0.044 99.900 -0.047
201812 0.051 99.700 0.055
201903 0.038 99.700 0.041
201906 0.052 99.800 0.056
201909 0.039 100.100 0.042
201912 0.054 100.500 0.057
202003 0.038 100.300 0.040
202006 0.047 99.900 0.050
202009 0.051 99.900 0.055
202012 0.048 99.300 0.052
202103 0.030 99.900 0.032
202106 0.035 99.500 0.038
202109 0.036 100.100 0.038
202112 0.034 100.100 0.036
202203 0.032 101.100 0.034
202206 0.030 101.800 0.031
202209 0.029 103.100 0.030
202212 0.033 104.100 0.034
202303 0.021 104.400 0.021
202306 0.029 105.200 0.029
202309 0.147 106.200 0.148
202312 0.022 106.800 0.022

Add all the adjusted EPS together and divide 10 will get our e10.


Seven Bank  (FRA:0S7) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Seven Bank's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=1.51/0.14
=10.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Seven Bank was 21.94. The lowest was 11.61. And the median was 13.94.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Seven Bank E10 Related Terms

Thank you for viewing the detailed overview of Seven Bank's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Seven Bank (FRA:0S7) Business Description

Traded in Other Exchanges
Address
6-1 Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005
Seven Bank Ltd is a Japan-based business bank. It operates a network of ATMs in partnership with financial institutions across Japan. The company's business segments include the ATM Services segment and the Financial Services segment. The ATM Services segment, provides deposits, withdrawals, and bank transfers at more than 22,000 Seven Bank ATMs nationwide using the cards of more than 590 partner institutions. The Financial Services segment provides convenient account-related services, such as ordinary deposits, time deposits, personal loans and international money transfers, which are accessible from not only Seven Bank ATMs but also personal computers and smartphones. Also, the company provides ATM services overseas and back-office support on commission through its subsidiaries.

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